Our Time - GE 2004 Annual Report
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Notes to Consolidated Financial Statements Note 10: GE Current Receivables

December 31 (In millions) 2004   2003  
Advanced Materials $ 875   $ 927  
Consumer & Industrial   1,031     1,111  
Energy   3,788     3,788  
Healthcare   2,862     2,024  
Infrastructure   466     400  
NBC Universal   4,067     938  
Transportation   1,981     1,993  
Corporate items and eliminations   201     278  
    15,271     11,459  
Less allowance for losses   (738 )   (486 )
Total $ 14,533   $ 10,973  

Receivables balances at December 31, 2004 and 2003, before allowance for losses, included $10,182 million and $6,746 million, respectively, from sales of goods and services to customers, and $246 million and $226 million, respectively, from transactions with associated companies.

Current receivables of $435 million and $444 million at December 31, 2004 and 2003, respectively, arose from sales, principally of aircraft engine goods and services, on open account to various agencies of the U.S. government, our largest single customer. About 4% of our sales of goods and services were to the U.S. government in 2004, 2003 and 2002.

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